In: Operations Management
In the light of present situation of Saudi Arabia market what trends will shape Human Resource Management over next five years?
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Saudi Arabia leads a bigger growth in future years. Currently the contry's economy is a post-oil era. But now it has been change to huge constructions and building mega cities. It provide the country's future growth. More than 5500 projects are ongoing inSaudi Arabia. Significant investments in infrastructure and housing developments.The Red Sea project one of Saudi Arabia's dig project has also made a big progress.Saudi Arabian market is highly competative. HR functions are essential for the market. Machine learning, robotics, Artificial intelligence are plays major roles. There is a continuous change in the external environmental factors. The country's youth force helps to leads the digital transfermation. There is 99 % of youth literacy rate and 94% of adult literacy rate. Saudi Arabia plans to increase in investments in digital transformation and technologies.AI represent major changes in business models. There are manynew and innovative ways open in the next five years.